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Listed by Estate Properties, Joe Alessi, Listing Contact: 310-738-3262 
3 Beds
3 Baths
2,976 sqft

$3,299,000

1 Park Place, Rancho Palos Verdes CA, 90275

Price per sqft$1,108.53
Built in1983
Property size2,976 sqft
Property typeResidential

Overview

Active

Listed Sep 11, 2026

Updated 3 days ago

A truly one-of-a-kind󠃍󠂏󠃢󠂁󠂤󠃢󠂁󠂣󠃢󠂁󠂢󠃢󠂁󠂡󠃢󠂁󠂢 Octagonal Oasis awaits, offering a storied past, unmistakable architecture, and a breathtaking coastal setting. Far more than a home, it is a rare opportunity to own a piece of local history and carry its remarkable story into the next chapter. Originally built in 1983 by and for the Burrell family, this extraordinary residence was thoughtfully designed to maximize the spectacular coastal views from its hand-selected location. Perched above the famed Villa Narcissa Estate, built in 1926 for Frank A. Vanderlip Sr., the property occupies a distinctive place in the history of this iconic coastal community. In the 1970s, the Burrell family privately purchased this parcel from the Vanderlip family, later subdividing it into 11 lots and transforming the former Radar Towers into what is now Del Cerro Park. True to its name, the home's distinctive architecture is defined by five octagonal rooms that flow seamlessly from one to the next, creating a uniquely sculptural and connected living experience. In 1997, the Olson family acquired the residence and continued its distinctive architectural legacy, adding an octagon-shaped pool and spa in 2002. A bonus L-shaped room was also added during the renovation, providing additional flexibility and living space. Today, the Octagonal Oasis stands as a singular expression of design, history, and coastal livinga home with a story unlike any other, ready for its next chapter.

$21,948/mo

Est. mortgage payment based on a $3,299,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PV26156102

Interior Features

Bedrooms
3
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.59 Acres

Other Property Details

Garage
Yes
View
Yes
Pool
Yes

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Data last updated 3:01 AM UTC, 10/5/2026

   

 

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